Bought a little SPXL under $40. And UDOW yesterday before the close around $82.00 Good thing my FNGD is doing extremely well today...don't know if I should sell it before Amazon's earnings tomorrow night
Yes, the script for the controlled demolition. Large isolated down days, then chop and churn back up a bit, kill the vol, kill the puts, then when it all looks roses, another plunge. Market basically just covering the ranges of a few days in late Jan-early Feb.
Just watch the overnight drift up tonight. I bet NQ will be up 70-100 points buy 7am est. Headlines will read.....LOOKS LIKE A HIGHER OPEN ON WALL STREET.....AS INVESTORS CHEER FACEBOOK EARNINGS....$$$$$$.......AMAZON TOMORROW AFTER CLOSE....its all setup. Buy NQ for some easy money.